Ascend Global Investment Fund Files SC 13D/A for 5E Advanced Materials
Ticker: FEAV · Form: SC 13D/A · Filed: Jun 4, 2024 · CIK: 1888654
Sentiment: neutral
Topics: ownership-change, sec-filing, amendment
Related Tickers: FEAM
TL;DR
Ascend Global Investment Fund updated its 5E Advanced Materials stake on 5/28. Check for changes.
AI Summary
Ascend Global Investment Fund SPC filed an amendment (SC 13D/A) on June 4, 2024, to its Schedule 13D concerning 5E Advanced Materials, Inc. The filing indicates a change in beneficial ownership as of May 28, 2024. Ascend Global Investment Fund SPC is based in Singapore and has a business address at 1 Kim Seng Promenade.
Why It Matters
This filing signals a potential shift in significant ownership stakes for 5E Advanced Materials, Inc., which could influence the company's stock performance and strategic direction.
Risk Assessment
Risk Level: medium — Schedule 13D filings often indicate significant investor activity, which can lead to increased volatility and potential strategic shifts for the company.
Key Players & Entities
- Ascend Global Investment Fund SPC - Strategic Segregated Portfolio (company) — Filing entity
- 5E Advanced Materials, Inc. (company) — Subject company
- Mulyadi Tjandra (person) — Person authorized to receive notices
- June 4, 2024 (date) — Filing date
- May 28, 2024 (date) — Date of event requiring filing
FAQ
What is the specific change in beneficial ownership reported in this SC 13D/A filing?
The filing is an amendment to a Schedule 13D, indicating a change in beneficial ownership, but the specific details of the change (e.g., number of shares, percentage) are not provided in the header information.
Who is Ascend Global Investment Fund SPC and where are they located?
Ascend Global Investment Fund SPC is an entity incorporated in E9, with its business and mailing address at 1 Kim Seng Promenade #10-01, East Tower, Great World City, Singapore, 237994.
What is the CUSIP number for 5E Advanced Materials, Inc. common stock?
The CUSIP number for 5E Advanced Materials, Inc. common stock is 33830Q109.
When was the event that triggered this amended filing?
The date of the event which requires filing of this statement was May 28, 2024.
What is the primary business of 5E Advanced Materials, Inc. according to the filing?
5E Advanced Materials, Inc. is in the business of Mining, Quarrying of Nonmetallic Minerals (No Fuels), with SIC code 1400.
Filing Stats: 1,233 words · 5 min read · ~4 pages · Grade level 12.6 · Accepted 2024-06-04 06:08:22
Key Financial Figures
- $0.01 — relating to the common stock, par value $0.01 per share (the “Common Stock&rdqu
- $6.0 million — tes in an aggregate principal amount of $6.0 million (the “New Notes” and, colle
- $1.5375 — f Common Stock at a conversion price of $1.5375 per share of Common Stock. Assuming the
- $1,000 — of 650.4065 shares of Common Stock per $1,000 principal amount of Convertible Notes.
Filing Documents
- formsc13da.htm (SC 13D/A) — 46KB
- 0001493152-24-022469.txt ( ) — 48KB
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date : June 3, 2024 Meridian Investments Corporation By: /s/ Mulyadi Tjandra Name: Mulyadi Tjandra Title: Director Ascend Global Investment Fund SPC for and on behalf of Strategic SP By: /s/ Mulyadi Tjandra Name: Mulyadi Tjandra Title: Director Ascend Capital Advisors (S) Pte. Ltd. By: /s/ Mulyadi Tjandra Name: Mulyadi Tjandra Title: Director Ascend Financial Holdings Limited By: KEY TIME VENTURES LIMITED, Director By: /s/ Lau Kar Yee Name: Lau Kar Yee Title: Authorized Signatory of Key Time Ventures Limited /s/ Halim Susanto Halim Susanto